Ellington Residential: 11.6% Yield, Trading At 0.81x Book Value (NYSE:EARN)
Ellington Residential (EARN) reported a 14% decline in book value in 1Q-22. The mortgage REIT cut its dividend down to $0.08 per share, a decline of 20%.
Ellington Residential: 11.6% Yield, Trading At 0.81x Book Value (NYSE:EARN)
Ellington Residential (EARN) reported a 14% decline in book value in 1Q-22. The mortgage REIT cut its dividend down to $0.08 per share, a decline of 20%.